This article got published in an economics journal.
This upholds my theory that the world is shifting from information on paper to a whole new digital sphere. Just like Newsweek recently switched and soon many more publication companies will. This article that I wrote goes into more depth as to the economics and history behind the issue… (Enjoy!)
Whats going to happen next? … Ask these guys!
Newspapers are on a precipitous decline. Ever since the television was first introduced to the public, newspapers have simply failed to bring up the bar. They have been unable to deliver. Today, we are enthralled and absorbed by TV’s and the Internet. The advent of the internet and the ability of consumers to now access the web through a host of devices such as mobile phones has hastened newspapers decline. Needless to say, we have also become dependent on them for the news. Why are newspapers not getting any demand from consumers? Continue reading
After years of losing money, Newsweek announced on Thursday that it will stop printing its magazine and become a digital-only publication, to be called Newsweek Global.
The print is slowly shifting into the oblivion. With the dawn of the ‘digital world’ in the 1990s, the mode of distributing information has since never been the same. Print&media companies have started to take advantage of this great phenomenon by dividing their attention to both print and the digital sectors. But starting out as a station wagon, the internet has since metamorphosed into a race care going at full throttle. Print&media companies, in the flurry of it all, don’t want to see this opportunity slip from there grasp and let competition weaken their chances of making it big. They want to start now. And just like that Newsweek has taken the move. They have said bye bye to print, and embraced the digital world. Newsweek is ready to test the race car.
Another reason that people are not reading Newsweek magazines is that they come out, and as the name suggests, every week! People can get Continue reading